Deal clears key regulatory hurdle as shareholders prepare for vote; new company MBRF could rank among top global food groups.
The Tec-Al brand will continue to be operated seamlessly, with the existing management team retaining key roles within the new Italian entity of the NovaTaste group.
US-based agri-food company to take over long-standing joint venture partner
Reliance’s new beverages facility in Kurnool is set to boost local employment, state revenues, and manufacturing capacity.
The partnership merges the complementary strengths of both companies, enabling them to deliver advanced savoury ingredients and nutritional solutions backed by a sustainable, vertically integrated supply chain.